Rachel discusses the Texas housing market, mortgage relief, and delinquent mortgages with KRLD Radio.
Continue ReadingRachel Khirallah discusses the impact of the eviction moratorium with CBS 11. Read the article: Eviction Moratorium Could Protect Millions Of Texans But Foreshadows ‘Rough’ 2021 For Housing Market
Continue ReadingRachel discusses public improvement districts (PID) in Texas with CBS 11. Read the article: Tax Bills In Public Improvement Districts Shocking New North Texas Homeowners: ‘We Would Have Bought A Home Elsewhere’
Continue ReadingWith the pandemic, millions of homeowners are having trouble making their mortgage payments. By July 2020, at least 4.1 million homeowners had forbearance plans in place (postponement of mortgage payments). If you are in a forbearance plan or trying to request one from your lender, there are 4 important things you must ask and find out. 1. Terms of...
Continue ReadingRachel discusses racial discrimination in real estate appraisals.
Continue ReadingBuying a new home is one of the most exciting things that you and your family may ever do. Of course, when buying a home, there are the normal risks – that you may lose your job and will be unable to repay your mortgage, that the market won’t be strong when you’re ready to sell, etc. However, before...
Continue ReadingEarnest money is an essential part of almost every real estate transaction. To show they are serious, buyers will deposit a sum of money into trust. Typically, the seller sets the earnest money price, which is either a percentage of the purchase price or a flat sum. Earnest money can also cushion the blow if the buyer decides to...
Continue ReadingAccording to data provided by the Federal Deposit Insurance Corporation (FDIC), approximately 250,000 foreclosures are initiated in the United States each year. For a homeowner, dealing with a foreclosure, or the possibility of foreclosure, can be deeply stressful, even traumatic. If you or your loved one is facing foreclosure in Texas, it is crucial that you have a basic...
Continue ReadingThis glossary defines legal terms commonly used in real estate to define disputes, transactions, or services. Khirallah, PLLC wants you to be as educated as possible during your real estate litigation case. We also offer blog posts on legal topics so that our clients can familiarize themselves with the legal process. We hope you find the definitions of these...
Continue ReadingBuying land or property in Texas is an exciting prospect, but one that demands attention to detail and the adherence to certain legal requirements. One such element that should not be overlooked is the importance of a property title search. Consider the following details about why one should conduct a property title search, how you can do a free...
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